Posts tagged FMG
A DAVID AND GOLIATH STRUGGLE IN THE PILBARA: TWIGGY VRS YINDJIBARNDI

Fortescue Metals Group has revealed a record profit of $10.3 billion U.S dollars, giving Andrew “Twiggy” Forrest a $2.3 billion dollar dividend.


The record profits come thanks to the recent surge in the prince of Iron Ore, but FMG is actually worth $6 billion less since last month after the Iron Ore price dropped from record highs.


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